<?xml version="1.0" encoding="utf-8" standalone="yes"?><rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom"><channel><title>Economics on Bulrush Labs — Richard Tibbetts</title><link>https://bulrushlabs.com/articles/tag/economics/</link><description>Recent content in Economics on Bulrush Labs — Richard Tibbetts</description><generator>Hugo</generator><language>en-us</language><lastBuildDate>Sun, 24 Oct 2010 23:28:00 +0000</lastBuildDate><atom:link href="https://bulrushlabs.com/articles/tag/economics/index.xml" rel="self" type="application/rss+xml"/><item><title>Lean Startups and the Theory of the Firm</title><link>https://bulrushlabs.com/articles/2010/10/24/lean-startups-and-the-theory-of-the-firm/</link><pubDate>Sun, 24 Oct 2010 23:28:00 +0000</pubDate><guid>https://bulrushlabs.com/articles/2010/10/24/lean-startups-and-the-theory-of-the-firm/</guid><description>&lt;p&gt;If you spend much time in the entrepreneurial corners of the blogosphere, you’re certain to have heard about &lt;a href="http://steveblank.com/"&gt;lean startups&lt;/a&gt;. If you haven’t, check out &lt;a href="http://www.startuplessonslearned.com/"&gt;Eric Reis&lt;/a&gt; and &lt;a href="http://steveblank.com/"&gt;Steve Blank&lt;/a&gt;. The core of the lean startup is two related ideas: continuous validation and building the smallest company that can validate an idea. The result is dramatically reduced costs, reduced time-to-failure, and reduced risk. A lot has been written and can be written about validation. But what I’m concerned about now is how small the smallest possible company is, and specifically why it is usually more than one person.&lt;/p&gt;</description></item><item><title>A Computer Scientist Bids on a House</title><link>https://bulrushlabs.com/articles/2010/04/11/a-computer-scientist-bids-on-a-house/</link><pubDate>Sun, 11 Apr 2010 22:33:00 +0000</pubDate><guid>https://bulrushlabs.com/articles/2010/04/11/a-computer-scientist-bids-on-a-house/</guid><description>&lt;p&gt;I was going to favor you all with a post about Java’s System.nanoTime. That post will have to wait until tomorrow. Instead, I spent the day (arguably the weekend since 3:15pm on Friday) putting in a bid on a house. I won’t bore you with the details of property, inspections, financing, etc. However, I think the details of the bidding process are quite interesting.&lt;/p&gt;&#10;&lt;p&gt;To quote a friend of mine, when asked how we much we should bid on the house:&lt;/p&gt;</description></item></channel></rss>